Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Mexican fast food chain Qdoba called out Chipotle Mexican Grill on Tuesday, mocking the fast casual burrito chain for its "Free Guac Day" promotion before delivering truckloads of avocados to a number of Chipotle restaurants in Denver, Colorado.
On National Avocado Day, Chipotle offered up free guacamole to customers that purchased an entree on the company's website or mobile app.
Rival Qdoba used the day as an opportunity to point out that it always offers free guacamole to customers when they purchase an entree.
The competition took to Twitter starting in late July to mock Chipotle's promotion, saying that guac should always be free. Qdoba took that sentiment a step further on Tuesday, shipping large crates of avocados to several Chipotle stores near its headquarters in Denver. Qdoba is also based there.
Accompanying the avocados were large orange signs that said, "Hey Chipotle! Heard you are giving away free guac with an entree today! From the people who have been doing that for a while now, we worry you have underestimated what it takes. Happy smashing!"
It's unclear if Chipotle used any of the avocados or will respond to Qdoba's stunt. Laurie Schalow, a spokeswoman for Chipotle, declined to comment.
Chipotle said it used almost 700,000 avocados to meet consumer demand, 200,000 more than an average day. The promotion was ill-timed. National Avocado Day fell on Tuesday fell as news broke that Ohio health officials were investigating a possible foodborne illness outbreak stemming from one of its restaurants there.
Chipotle extended their free guacamole promotion through Wednesday after technical issues with its online ordering services on Tuesday prevented customers from getting their free guac.
Even so, the promotion drove digital sales up nearly 60 percent and generated more app downloads than any other single day, Chipotle said.
"We believe the free guacamole promotion that Chipotle ran yesterday should help offset some of the negative publicity the company received following the Ohio food safety incident," Peter Saleh, analyst at BTIG, wrote in a research note Wednesday. "While we don't want to minimize food safety incidents given Chipotle's recent history, we believe the sales impact from these events is moderating."
Last week, Chipotle said that digital sales account for 10.3 percent of total sale and that, on average, online orders are $16 to $17 while in-restaurant checks average around $12.